Comcast levels up 1.23% in Wednesday's session; traders eye opening bell in 5 hours time

Published: November 25 2022, 09:11 GMT+0

Comcast levels up 1.23% in Wednesday's session; traders eye opening bell in 5 hours time

The US stock market is closed for the Thanksgiving holiday and resumes today. Meanwhile, here is a recap of Wednesday: Comcast ended Tuesday's session at $35.1. Wednesday started with an increase to $35.68, but dropped back and closed at $35.53.

This rally in Comcast's share price coincided with other communication services stocks as Alphabet was up 1.53%. Netflix traded at $291.5 after closing Wednesday's trading day at $286.69 (up 1.68%).

While Comcast was bullish Wednesday, the following communication services stocks underperformed: Verizon slips 0.71% Wednesday to close at $39.2.

The stock has been trending positively for about a month. Having set a significant high of $52.35 a month ago, the telecommunications conglomerate is trading 22.38% lower.

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